Primera Página - Agencia de Noticias – Bogotá.- Figures recently revealed by the Financial Superintendence of Colombia showed that the pension and severance fund managers earned in the first quarter of 2024 almost 25% less than what they obtained a year ago. This result implies that the AFP's showed profits for $292,798 million, which implied a decrease of 23.06% compared to the profits observed in the first three months of 2023, when they were closer to $380,561 million.In absolute terms, the drop was in the order of $87,763 million. In first place in this ranking was Porvenir, with profits of $162,989 million, which meant a decrease of 14.5% compared to the same period last year, when the positive balance was close to $190,715 million. Second place went to Protección, which obtained $73,201 million as of March 2024 (-40.7%), when a year ago it generated profits of $123,531 million. In third position was Colfondos, with a decrease in its profits of 18.43% to $32,937 million at the end of the first quarter of this year.Skandia ranked fourth with $23,670 million (a year ago it earned $25,937 million). "The resources managed by the pension and severance funds of the Individual Savings with Solidarity Regime (Rais) and the Average Premium Regime (RPM) amounted to $486 billion (b). Of this, $477.1b were in the Rais and $8.9b in the RPM, an increase of $61.3b with respect to the same month of the previous year.
Pension and severance fund managers earned $292,798 million in the first quarter of 2024, a 23% annual drop; Porvenir led the ranking
At the end of the third month of 2023, profits totaled $380,561 million, according to figures from the Financial Superintendency of Colombia. In absolute terms, the decrease was in the order of $87,763 million. In first place in this ranking was Porvenir, with profits of $162,989 million, which meant a decrease of 14.5
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